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Lawmakers agreed to further decriminalize cannabis in New York and automatically expunge low-level marijuana offenses across the state.
NY Gov. Andrew Cuomo confessed this week that he doesn’t have the votes in the State Senate to push legalization forward.
The New York Medical Cannabis Industry Association (NYMCIA) seems to agree on a more inclusive market, but the actions taken by the state and by the NYMCIA spell a different story altogether.
Governor Andrew Cuomo, who has been pushing to make legal weed part of the state budget, says he is “no longer confident” that is going to transpire before the April 1 deadline.
With the recent movement New York has experienced in the cannabis space, all eyes are on this massive market and its potential profits, trends, tax generation, and cultural impact.
Bloomberg’s anti-legalization comments stand in stark contrast to most Democratic presidential candidates who have begun their 2020 campaigns.
There's a certain degree of uncertainty surrounding the implementation of such a deal, like how will it be taxed, who will get the money, and can lawmakers come to terms enough to ensure its passage?
New York will be one of the next states to legalize marijuana for recreational use, that is if Governor Andrew Cuomo has anything to say about it.
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